Crypto Trading Pro’s Look to Altcoins For Profits
Traders now focus on XRP, UNI and QNT while Bitcoin consolidates around the $20,000 mark.
Google Search Volume for NFTs Has Plummeted
Non-fungible token sales had risen month by month to $4.77 billion at the end of January 2022. NFT sales in September were $549.82million, which is 88% more than January’s.
How The EU’s New Crypto Regulation Could Help Stablecoins
According to Fabian Astic, Co-Head of Equities, Fixed Income, and Digital Assets at Moody’s, EU regulations might help stablecoin innovation in Europe, the company stated in an exclusive interview with The Block.
Crypto Exchange Huobi Global’s Largest Shareholder Set to Sell Entire Stake
About Capital will buy the majority stake. As the new majority shareholder, the company intends to support Huobi’s international brand promotion & business expansion among other initiatives.
Norway Plans to Cancel Energy Tax Cuts for Cryptocurrency Miners
Norwegian officials are currently reviewing a proposal to end preferential tax treatment of data centers that mine cryptocurrency using cheaper electricity.
Crypto.com Cuts Budget for Costly Sponsorship Deals Due to Crypto Winter
Crypto exchanges have reportedly reduced sponsorship agreements with sporting organizations such as the Angel City Football Club and the 2022 FIFA World Cup.
India’s CBDC Plans and Features Outlined by Central Bank
The Reserve Bank of India has published an analysis of the pros and cons of converting the rupee to a digital currency. This is part of its campaign to increase awareness of the CBDC project.
Positive US Jobs Reports Fuels Another Fed Rate Hike, Bitcoin Dips
During Friday’s trading session, the crypto market suffered a slight dip. Bitcoin fell below $20,000 as analysts look for further rate increases.
Lido Finance Has Launched Ethereum Staking and a New Rewards Program
Lido Finance is one of the largest Merge staking providers. It launched two layer-2 networks, Arbitrum and Optimism.
BNB Smart Chain Continues Services After $100m Exploit
After being stopped for several hours, BNB Chain has resumed the blockchain. Hackers tried to steal $560 million worth of BNB tokens from the blockchain bridge overnight.
